Research Money Inc.

Mark Henderson
March 22, 2017

Budget 2017 Innovation Measures * ($ millions)
Initiative	Amount	Duration *
Strategic Innovation Fund	1,260	five years
Superclusters	950	five years
Venture Capital Catalyst Initiative (BDC) **	400	three years
Impact Canada Fund (clean tech & smart cities challenges)	375	11 years
Pan-Canadian Artificial Intelligence Strategy (CIFAR)	125	FY16-17
Canadian Space Agency	81	five years
Sidney Centre for Plant Health replacement	80	five years
National Research Council	60	one year
Procurement: Innovative Solutions Canada	50	five years
CIFAR	35	five years
Institute for Quantum Computing	10	two years
Futurpreneur Canada	14	two years
Community & College Social Innovation Fund	10	two years
Stem Cell Network	6	two years (2018-19)
Procurement: Cost and Profit Assurance Program	6	two years
Chief Science Advisor secretariat	2	annually

* Funding begins FY17-18 unless otherwise specified

** Business Development Bank of Canada – fund-of-funds for late-stage funding

Clean Technology ($ millions)
Initiative	Amount	Duration *
SDTC SD Tech Fund	400	five years
BDC & EDC working capital	570	three years
BDC & EDC equity investments	380	three years
R&D – NRCan and Transport Canada	229	four years (2018-21)
R&D resource sectors **	200	four years
Agriculture and Agri-Food Canada (science, genomics)	70	six years
Data Strategy (NRCan, ISED)	14.5	four years
Clean Growth Hub (ISED, NRCan)	12	four years
International business development ***	12	four years
Tax Support (geothermal)	9	five years

* Funding begins FY17-18 unless otherwise specified

** Natural Resources Canada, Agriculture & Agri-Food Canada, Fisheries & Oceans Canada

*** Global Affairs Canada

Skills & Innovation ($ millions)
Initiative	Amount	Duration *
Temporary Foreign Worker Program and the International Mobility Program	304	five years
New Skills Development & Measurement Organization	225	four years (2018-21)
MITACS	221	five years
Canada 150 Research Chairs **	117.6	eight years
Post-Secondary Student Support Program (Indigenous)	90	two years
Indspire (Indigenous) ***	25	five years
Teaching Kids to Code (digital skills training)	50	two years
Digital Literacy Exchange program	29.5	five years
Recognizing Foreign Credentials	27.5	five years
Promoting STEM to Young Canadians	12	five years
Global Skills Strategy (talent attraction)	7.8	two years

* Funding begins FY17-18 unless otherwise specified

** Re-purposing of funds from Canada Research Chairs program

*** conditional on Indspire raising $3 million per year in matching funds from the private sector

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